It turns out the resulting quadratics is y=2x^2
This is how i did it but it feels like there might be a neater solution so i'd be interested if anyone has the time/inclination for alternative approaches!
SPOILER BELOW... ( I have missed out some steps for brevity)
Let P be a point on the curve y= x^2-1
So P = (a, a^2-1)
The equation of the line through P passing through the origin is y= (a^2-1)/a x
This line intersects the curve again when ax^2-(a^2-1)x-a=0, call this point Q
Solving this:
x=-1/a and therefore y= (1/a^2)-1
Therfore Coords of Q = (-1/a, 1/a^2-1)
midpoint of PQ = ( (a-1/a)/2 , (a^2+1/a^2-2)/2)
A bit of algebraic manipulation and it follows y= 2x^2